The real estate prices in the area tend to be somewhat high when compared to the rest of Arizona, but it is possible to find homes at an affordable price. Here’s what you need to know about housing prices in the region:
Prices In Northern Scottsdale Tend To Be High
Much of the The Luxe at Desert Ridge area of the city has an average sale price of nearly 1 million dollars. However, there is a small region in the northernmost part of the city that has an average sale price of around $450,000. Here’s what you need to know about northern Scottsdale:
Homes in northern Scottsdale tend to be large and in good condition.
Yards tend to be exceptionally well maintained.
Many homes in the region feature beautiful views.
Prices In Central Scottsdale
The average listing price throughout central Scottsdale is around $650,000. However, there also is an area in the south central region of Scottsdale in the western half of the city that has an average listing price of around $400,000. Here’s what you need to know about central Scottsdale:
Central Scottsdale contains many of the city’s best attractions.
There is a mix of old and new homes in the region.
It’s a great area for empty nesters and millennials.
Prices In Southern Scottsdale
Real estate prices in southern Scottsdale are highly variable depending on the specific part of this region that you’re buying in. Aside from the far southwestern corner of the city, prices tend to average around $475,000. However, prices tend to average around $300,000 in the far southwestern corner of the city. Here’s what you need to know about the southern part of the city:
Arizona State University’s sky song project is located in this part of the city.
In addition, there are numerous attractions in this region.
Also, many employment opportunities are available in the southern part of the city.
How Is The Area Likely To Change Over Time?
A lot of people are moving to the Scottsdale area, and this is likely to lead to rising real estate prices. In addition, the fact that there are more people moving to the region will mean that there will likely be more attractions in the area in the future:
Prices Are Likely To Increase In Popular Areas
Real estate prices will rise quickly in popular areas of the city. This includes many neighborhoods throughout Scottsdale, Desert Ridge, and North Phoenix.
What Are The Advantages Of Owning A Condo?
If you own a condo, you will be able to save money and time on repairs and maintenance. That’s because the owner of the condominium complex is responsible for some of the maintenance related tasks.
Owning A Condo Can Be More Affordable Than Owning A Home
Owning a condo can be cheaper than owning a home, and there are a variety of reasons for this. Not only will you save money on repairs and maintenance, but it’s possible to save money since the condo that you buy is likely to be somewhat smaller than buying a full sized home.